Beds 0 Bath

340 Palmer Road, Belleville, ON K8N 4Z2

Belleville K8N 4Z2 Ontario

MLS: X12387064

$3,980,000

Added 3 days ago | For Sale

Listed by: RE/MAX ALL-STARS REALTY INC.

About Property

340 Palmer Road, Belleville. Residential Development Land. Lot Size: Approx. 4.65 acres. Strategically located in central Belleville, close to schools, shopping, public transit, Highway 401, and Belleville General Hospital. The City of Belleville has recently updated planning policies encouraging mid-rise and high-rise development. Conceptual drawings have been prepared for this property to illustrate redevelopment potential, including options of up to approximately 459 residential units with 395 underground parking spaces (subject to municipal approvals). These drawings are for illustration purposes only and do not represent final approvals or design. Neighbouring properties are already pursuing mid-rise applications with the City, reflecting strong momentum for higher-density residential development in the area. A prime opportunity for builders and developers to advance a vision aligned with the citys intensification plans.

Features

  • House Style:Vacant Land
  • Bathrooms:0
  • Land Size: 262.17 X 513
  • Water:None
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Palmer and Moira St W
  • Basement: ,
  • Possession Date:immediate
  • Annual Property taxes: $9600
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12387064

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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